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Roybal Haven Apartments 3733 Durfee Ave 14 Unit Apartment Building $3,400,000 ($242,857/Unit) 6.13% Cap Rate El Monte, CA 91732
INVESTMENT HIGHLIGHTS
- Value-Add Building ~25% Upside in Rents
- 4 Units Delivered Vacant
- No Local Rent Control
- Upgraded Electric Main Panel | All New Windows
EXECUTIVE SUMMARY
**CONTACT LISTING AGENT DIRECTLY** NICK HAYNER 310.994.9158 or NICK@MAYWOODPROPERTYGROUP.COM
This 14-unit apartment community in the City of El Monte offers a balanced mix of six 2-bed/1-bath and eight 1-bed/1-bath units with four delivered vacant (three 1+1s and one 2+1) providing immediate value-add upside through renovation and lease- up at market rents.
The property has received significant capital upgrades including a new roof (2017) with warranties, upgraded main electrical panel, all-new windows, a new main-to- street plumbing line (2022), security cameras and lighting, and secure gated entry. Only one unit has been fully renovated, offering a model for interior improvement potential.
An unfinished on-site laundry facility provides an additional revenue opportunity, expected to generate roughly $200/month plus rental premium once completed. The property includes 18 parking spaces with covered parking.
This offering presents an excellent opportunity for investors seeking both stability and upside in a strong San Gabriel Valley rental market.
This 14-unit apartment community in the City of El Monte offers a balanced mix of six 2-bed/1-bath and eight 1-bed/1-bath units with four delivered vacant (three 1+1s and one 2+1) providing immediate value-add upside through renovation and lease- up at market rents.
The property has received significant capital upgrades including a new roof (2017) with warranties, upgraded main electrical panel, all-new windows, a new main-to- street plumbing line (2022), security cameras and lighting, and secure gated entry. Only one unit has been fully renovated, offering a model for interior improvement potential.
An unfinished on-site laundry facility provides an additional revenue opportunity, expected to generate roughly $200/month plus rental premium once completed. The property includes 18 parking spaces with covered parking.
This offering presents an excellent opportunity for investors seeking both stability and upside in a strong San Gabriel Valley rental market.
PROPERTY FACTS
| Price | $3,400,000 | Property Subtype | Apartment |
| Price Per Unit | $242,857 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6.13% | Lot Size | 0.41 AC |
| Sale Condition | 1031 Exchange | Building Size | 11,356 SF |
| Gross Rent Multiplier | 11 | No. Stories | 2 |
| No. Units | 14 | Year Built | 1964 |
| Property Type | Multifamily | Parking Ratio | 1.59/1,000 SF |
| Zoning | EMR3YY | ||
| Price | $3,400,000 |
| Price Per Unit | $242,857 |
| Sale Type | Investment |
| Cap Rate | 6.13% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 11 |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 11,356 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.59/1,000 SF |
| Zoning | EMR3YY |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
| 2+1 | 6 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 8549-016-011 | Improvements Assessment | $544,275 |
| Land Assessment | $234,770 | Total Assessment | $779,045 |
PROPERTY TAXES
Parcel Number
8549-016-011
Land Assessment
$234,770
Improvements Assessment
$544,275
Total Assessment
$779,045
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Roybal Haven Apartments | 3733 Durfee Ave
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